MONDAY, 4.30PM NONOGENARIAN former Malawian president Hastings Kamuzu Banda on Sunday announced his retirement from politics. The move is largely symbolic, as Banda, who is believed to have been senile for years, has not played an active role in politics since he relinquished power in the country’s first multiparty elections in 1994. Since then he […]
MONDAY, 5.30PM: CHARLES TAYLOR, a former Liberian warlord and leader of the National Patriotic Party (NPP), has taken an early lead following Saturday’s presidential elections. According to preliminary results released on Sunday night by the independent electoral commission’s chairman, Henry Andrews, the NPP polled 62,38% of the total 29 483 votes so far declared from […]
MONDAY, 11.00AM INVESTMENT companies belonging to the Congress of SA Trade Unions and its affiliates, together with a black doctors’ organisation, have clinched a R220-million stake in Netcare’s R920-million acquisition of private hospital group Clinic Holdings. The deal, in which Netcare acquired Barney Hurwitz’s controlling stake in Clinic Holdings, which owns 17 hospitals and Hurwitz’s […]
MONDAY, 1.00PM: ORLANDO PIRATES are the new Iwisa Charity Soccer Spectacular champions after beating defending champions Kaizer Chiefs on penalty shootouts on Saturday. Chiefs went down 10-9 to Pirates. A total of 30 penalties were taken. Pirates qualified for the final after beating Moroka Swallows 6-5 on penalties after their game ended 1-1 at full […]
MONDAY, 8.30AM PRESS reports on Monday morning confirm that labour minister Tito Mboweni plans to quit (see below). Questioned by reporters, Mboweni did not deny plans to move, but said he would not join the “Great Trek” to the private sector. It is believed that he is hoping to head the ANC’s economic policy unit. […]
MONDAY, 11.00AM BLACK empowerment group Worldwide African Investment Holdings has wrapped up a surprise R400-million deal to acquire control of the R1,4-billion-a-year petrol retailer Zenex Oil. Worldwide on Friday confirmed that it had, together with a consortium including Standard Corporate and Merchant Bank and Zenex management, bought Zenex Oil from Zenex Trust. Worldwide already owns […]
MONDAY, 11.00AM THE Industrial Development Corporation has signed a R250-million five-year, fixed-rate eurorand term loan. The loan, which was signed last week with Rabobank of the Netherlands and Commerzbank in Johannesburg, will be financed by Rabobank. It is the IDC’s second eurorand loan. IDC CEO Khaya Ngqula said the loan will be used to fund […]
MONDAY, 1.00PM: NATAL Rugby Union president Keith Parkinson on Sunday denied reports that the four unions which rejected Sarfu’s proposal for a regionalised team for next year’s Super-12 had accepted the proposal. He said the four rugby unions — Natal, Free State, Transvaal and Western Province — agreed to withdraw the application for a meeting […]
Hazel Friedman SO what’s a scumbag Eastender like yourself doing in a place like this? I don’t actually get around to asking this of world-famous photographer David Bailey. But on eyeing his jet-lagged lids I get the feeling that he’d much rather deal with inane queries than those of the gee, gosh, wow kind. But […]
FROM today, you’ll find a slick new look to the Electronic Mail & Guardian’s arts section, with easier navigation, archives of popular features and reviews that haven’t yet appeared in print. Find it at: http://www.mg.co.za./mg/art/artmenu.htm * READ Arthur Goldstuck’s authoritative WebFeet guide to the Internet each week on PCReview Online. This week: what you can […]